American Red Cross Launches Gifts that Save the Day Holiday Campaign

The Red Cross survey found that many people are tightening their belts this holiday season, with 29 percent cutting back on money spent on holiday gifts; 31 percent planning to spend less for parties this year; 40 percent cutting back on spending for holiday decorations; and 44 percent reducing their travel costs. However, only 20 percent planned cuts in their donations to charity, with 17 percent planning to spend more and 62 percent planning to spend the same.